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NMDC reports 11% fall in iron ore production during July

01 Aug 2024 Evaluate

NMDC has registered a 11.06% fall in its iron ore production to 2.17 million tonne (MT) in July 2024. The company had produced 2.44 MT iron ore in July last year. However, the sales volumes rose 5.15% to 3.06 MT in July 2024 from 2.91 MT in the same month a year ago.    

The company’s Chhattisgarh mines produced 1.22 MT of iron ore and registered sales volume of 1.96 MT in July 2024, while Karnataka mines produced 0.95 MT of iron ore and sold 1.10 MT of iron ore in July 2024.  

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.


Peers
Company Name CMP
Coal India 392.90
NMDC 67.50
Ashapura Minechem 429.70
Sandur Manganese 169.55
GMDC 436.05
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